2018 has begun. Does your accounting to-do list look like a clean slate, or are critical 2017 tasks still nagging? Getting all of your accounting tasks done in December is always a challenge. Besides the vacation time you and your employees probably took for the holidays, there are those year-end, Let’s-wrap-it-up-by-December-31 projects. How did you… Read more »

Working with Downloaded Transactions in QuickBooks Online Downloading transactions into QBO is the easy part. You still have work to do once they’re on board.   Its ability to download financial transactions is one of the five best things about QuickBooks Online. Without it, you’d spend a lot of time on tedious data entry, verifying… Read more »

Are You Using QuickBooks’ Reminders We can’t emphasize this enough: QuickBooks’ Reminders can prevent countless problems with your finances. How do you know when it’s time to pay a bill or follow up on overdue customer payments or print payroll checks? If you’re still using a paper calendar and sticky notes and file folders, there’s… Read more »

Are You Using QuickBooks Online’s Mobile App?   Even if you don’t travel for work (but especially if you do), you should explore what QuickBooks Online’s mobile app has to offer.   You already know how convenient it is to be able to access your company’s financial data from any desktop or laptop computer that… Read more »

Creating Customer Statements in QuickBooks   Invoices not being paid promptly? Customers questioning their payment history? Create statements.   Let’s say you have a regular customer who used to pay on time, but he’s been hit-and-miss lately. How do you get him caught up?   Or, one of your customers thinks she’s paid you more… Read more »

Using Quickbooks’ Income Tracker QuickBooks provides numerous ways to learn about your company’s health. Income Tracker is one of the most effective.   You can get an enormous amount of useful information from QuickBooks’ reports – especially if you customize them to isolate the precise data you want. Reports included with the software range from… Read more »

What Is a Vendor Credit, and How Do You Record One?   Whether you’re getting a vendor credit for a refund or a return, you can record it in QuickBooks Online.   When you’re dealing with your company’s vendors, you’re probably accustomed to money flowing in one direction: theirs. Maybe you send them purchase orders… Read more »

7 Best Practices for QuickBooks Online   Even if you’ve been using QuickBooks Online for a long time, it’s good to step back and evaluate your actions.   “Best practices” aren’t enforceable rules. They’re simply guidelines businesses commonly follow in one area or another. If you’re in retail, for example, one best practice might be… Read more »

What Sales Orders Are and When to Use Them They’re not as commonly used as invoices. But if you need them, they’re there.   When you want to document sales that you can’t (or won’t) fulfill immediately, but you plan to do so in the future, you can’t create an invoice just yet.This is where… Read more »

Receiving Payments in QuickBooks Online It’s perhaps one of your favorite activities in QuickBooks Online: recording money that comes in. Are you doing it right? Your days of matching paper checks to paper invoices are over. QuickBooks Online excels at keeping your accounts receivable organized. No more digging through piles of forms and hand-stamping PAID… Read more »